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Search Results 0 to 6 of about 7 (some duplicates have been removed)
in the coins and use the miles to travel the globe almost free. but as first reported by npr, taxpayers haven't faired as well. is this program a waste of taxpayer money. >> the dollar coin program is a waste of taxpayer money. i think it's time to put a halt to this experiment. >> reporter: but ending it probably requires another law from congress. until then, the mint has five years and 20 presidents to go. lisa myers, nbc news, baltimore. >>> still ahead, the big showdown in washington over the debt limit. and the president's warned of potential catastrophe. so are lawmakers any closer to a deal? >>> and a sunday surprise for those dire predictions of carmageddon in california. i have copd. if you have it, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms... by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sud
reported by npr, taxpayers haven't faired as well. is this program a waste of taxpayer money? >> the dollar coin program is a waste of taxpayer money. i think it's time to put a halt to this experiment. >> reporter: but ending it probably requires another law from congress. until then, the mint has five years and 20 presidents to go. lisa myers, nbc news, baltimore. >>> still ahead, the big showdown in washington over the debt limit. and the president's warned of potential catastrophe. so are lawmakers any closer to a deal? >>> and a sunday surprise for those dire predictions of carmageddon in california. >>> a little more than two weeks left until the u.s. treasury reaches its legal borrowing limit and the threat of the government being unable to pay its bills looms larger tonight. nbc's mike viqueira joins us from the white house. mike? >> reporter: lester, we're 16 days from a potential financial catastrophe. by all appearances it was a quite typical weekend summer day here in washington. the first family left on foot, setting out across lafayette park to attend church services. it was t
are wondering where the government can cut costs. the npr came up with one idea. >> each day the u.s. treasury mints nearly $2 million in coins. coins that mostly go directly into storage. abc's john karl checked it out. >> reporter: we took a journey to the u.s. mint in philadelphia where they seem to have more doors than "get smart." for a lesson in how the government is losing money by making money. it sounds a little bit like las vegas around here except the coins never stop coming. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president. but nobody seems to want them. rutherford b. hayes. hot off the press, literally, these coins are still warm. made of manganese brass, they cost nearly 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about $600,000 a day to make them. and each one of these bags, 140,000 coins, $140,000, more than 2,000 pounds. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the f
. on the other hand, we don't want gaps in consumer protection. both cnn and npr have reported that banks which are not within fcc's jurisdiction are selling information that they collect from credit and debit purchases. that is, they are selling their consumers entire purchase histories to retailers. also privacy legislation -- if such legislation is limited to a select group of data collected. for example, if privacy legislation is limited to companies within the ftc's jurisdiction, as are many of the current proposals, the house and the senate, retailers such as amazon would be limited in collecting and selling data about a consumers shopping habit. citibank would be totally free to collect and sell that same information to amazon. do any of you have any concerns about such a scenario? >> i can address the question, and i will do it in reference to the draft bill that was discussed earlier, the data act, where the agency does have a concern if drafted. breach notification, there's a carpet for entities that we subject to the ftc's jurisdiction so we do have a concern about that gap. >> some
the debt and, many tea partiers and many americans think we can cut out spending on npr and arts funding and foreign aid and that will take care of the debt problem and that is less than 1% of the budget, you have to cut the programs americans don't touched and the democrats keep swearing, oh, we'll never touch medicare and social security, well then we'll have debts and, deficits as far that's eye can see. >> michelle bachmann said she doesn't think we have to raise the debt ceiling. what are your thoughts. >> i'm very interested in the, because it doesn't make any sense. we have enough revenue coming in from the taxes, month-to-month, week-to-week, to service the national debt and pay social security, and medicare and medicaid. so i don't understand why our rating would go down unless the ratings agencies are trying to suck up to the democrats, on the other hand, i have seen some economists say, yes, it will lower our debt rating and will make -- it doesn't make any sense, because it is the equivalent of, you payer mortgage month-to-month and make those piloavements and you stop buying
Search Results 0 to 6 of about 7 (some duplicates have been removed)